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Commercial Vehicle Contracts offers van finance options for UK businesses
Commercial Vehicle Contracts provides various van finance and leasing options for businesses in the UK. These options allow companies, ranging from sole traders to large fleet operators, to spread the cost of commercial vehicles through regular payments rather than paying the full amount upfront.
Available finance products include Business Contract Hire, Finance Lease, Hire Purchase, and Lease Purchase. The primary distinction between these methods is the ownership structure at the end of the agreement. Contract Hire involves returning the vehicle to the provider, while Hire Purchase and Lease Purchase are designed for the business to eventually own the vehicle. Finance Lease offers a flexible middle ground for funding without taking ownership during the term.